| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | July 30, 2026 | 9/12 | 4 medium, 2 low flags | 3 | 0 | Call sheet → |
| Q1'26 | April 30, 2026 | 8/12 | 1 high, 4 medium, 2 low flags | 4 | 0 | Call sheet → |
| Q4'25 | February 5, 2026 | 10/12 | 3 medium, 4 low flags | 4 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Q3 update to roll forward comprehensive 5-year plan Confirmed Q3 will include new capital, financing, and 2027-2031 framework |
| Q2'26 | Delivered | File large load tariff in Colorado Filed in April with similar structure to Minnesota Google framework |
| Q2'26 | Exceeded | Maintain 6-8%+ long-term earnings growth Now guiding to 9%+ through 2030, removed the 6-8% band |
| Q2'26 | Delivered | SPS RFP filing with New Mexico commission in Q2 Filed and received favorable independent monitor report showing 70% XEL ownership |
| Q2'26 | Pending | Colorado settlement possible given history of settling 3 of past 4 cases Settlement discussions starting, May 28 deadline approaching |
| Q2'26 | Pending | Execute on enough ESAs to get to 3 GW target by end of 2026 Still at 1 GW (Google only), no incremental announcements this quarter despite 'active engagement' |
| Q1'26 | Delivered | Maintain strong balance sheet through growth 50% of equity need already addressed, credit metrics maintained |
| Q1'26 | Delivered | Colorado rate case filing by end of 2025 Filed both electric and gas cases in Q4 2025 |
| Q1'26 | Exceeded | Marshall Wildfire settlement in principle Only 3 plaintiffs remaining out of 4,000+ original claims |
| Q1'26 | Delivered | Line of sight to $10+ billion incremental opportunities Now claim $7+ billion visibility, which is 70% of the opportunity |
| Q1'26 | Pending | 3 gigawatts total contracted by end of 2026 Still at 2 gigawatts with no new signings disclosed this quarter |
| Q1'26 | Pending | Execute on 1 gigawatt data center contract by 2026 Still calling it a 'goal' rather than executed, despite being 4 months into 2026 |
| Q4'25 | Delivered | File Minnesota gas rate case by end of 2025 Filed October requesting $63M revenue increase |
| Q4'25 | Delivered | O&M expense increase of 5% for 2025 $190M increase in-line with guidance |
| Q4'25 | Exceeded | Marshall wildfire constructive settlement Achieved comprehensive settlement with only 3 of 4,000+ plaintiffs remaining |
| Q4'25 | Pending | Colorado near-term RFP decision by February 2026 Now structured as multiple tranches through early 2026, timeline extended |
| Q4'25 | Missed | 3% weather-adjusted electric sales growth for 2025 Delivered 2.2% actual, 80bps shortfall from guidance |
| Q4'25 | Delivered | Contract 2 gigawatts of data center capacity by end of 2025 Achieved over 2GW contracted, now setting 3GW target for 2026 |
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